                                 CODE OF VIRGINIA

DECLINE IN FORECASTED REVENUES (§ 2.2-1830)

In the event that a revised general fund forecast presented to the General
Assembly reflects a decline when compared to total general fund revenues
appropriated, and the decrease is more than two percent of certified tax
revenues collected in the most recently ended fiscal year, the General Assembly
may appropriate an amount for transfer from the Fund to the general fund to
stabilize the revenues of the Commonwealth. However, in no event shall the
transfer exceed more than one-half of the forecasted shortfall in revenues.

HISTORY: 1992, c. 316, § 2.1-191.3; 2001, c. 844.